Yes!! We got unconditional approval! 4 villa development in Gwelup WA

westminster

• 16th Jul, 2014

• #301

Second villa rented!! Yippee.

Funnily enough for a really family suburb and 4x2 villas my applicants are a professional couple in one and 3 friends in the other. The three friends are leaving a rental in Karrinyup on which they were paying $1000 rent !!!

I'll go peek at the selling villa this afternoon as the furniture has been delivered.

 

Last edited: 16th Jul, 2014

Brady

• 16th Jul, 2014

• #302

win, win... just the WIN remaning. goodluck with the sale!

 

westminster

• 16th Jul, 2014

• #303

Staging furniture is AMAZING!!

It cost $3k for a month but I think it is well worth it. The place went from really nice to "display home"

I think the furniture will be the icing on the cake for the emotional connection to the house to get the $$.

The photographer is there now doing a twilight shoot and listing goes up tomorrow.

 

S

stumpie

• 17th Jul, 2014

• #304

westminster said:

Second villa rented!! Yippee.

Funnily enough for a really family suburb and 4x2 villas my applicants are a professional couple in one and 3 friends in the other. The three friends are leaving a rental in Karrinyup on which they were paying $1000 rent !!!

I'll go peek at the selling villa this afternoon as the furniture has been delivered.

Click to expand...

Awesome news WM, looking forward to seeing the photos for the villa to be sold.

Would it be ok to ask if the villas rented are positive cash flow?

 

Last edited: 17th Jul, 2014

B

Beanie Girl

• 17th Jul, 2014

• #305

westminster said:

Rental ad

http://www.realestate.com.au/property-villa-wa-gwelup-413521895

Click to expand...

The unit looks fab with quality finishes, Westminister. Congrats! My favourite is the room that has a second, cut in deeper ceiling with double cornices, very classy. I also like the courtyard ceiling, it looks like western red cedar or jarrah wood, gives a feeling of warmth.

 

westminster

• 17th Jul, 2014

• #306

stumpie said:

Awesome news WM, looking forward to seeing the photos for the villa to be sold.

Would it be ok to ask if the villas rented are positive cash flow?

Click to expand...

I'll be doing interim wrap up financial summary probably next week but yes I believe they are gross cashflow positive around $800 a month plus depreciation.

 

T

Tano

• 17th Jul, 2014

• #307

Well done, a true inspiration. Thanks for sharing Myf.
Will you also post photos of the house with the staging furniture?

 

westminster

• 17th Jul, 2014

• #308

Tano said:

Well done, a true inspiration. Thanks for sharing Myf.
Will you also post photos of the house with the staging furniture?

Click to expand...

Of course.

Here is the listing.

http://www.realestate.com.au/property-house-wa-gwelup-117486859

 

E

eyespy

• 17th Jul, 2014

• #309

the staging furniture makes the house look amazing. love the furniture and choice of wall prints. well worth the cost

 

S

sanj

• 17th Jul, 2014

• #310

Looks great myf. Staging js such a vital part of the sale process imo, I don't think I've sold a single place since around 2009 without it being staged, unless it was land value etc

 

T

Tano

• 17th Jul, 2014

• #311

They did a great job. House looks like a million bucks and it appears so much larger and warmer

 

westminster

• 23rd Jul, 2014

• #312

Home open time. Champagne and nibblies

I hope it goes well.

 

westminster

• 23rd Jul, 2014

• #313

westminster said:

Home open time. Champagne and nibblies

I hope it goes well.

Click to expand...

Did someone from here go? My REA said someone that was there was either my stalker or someone that I know as they knew a lot about me

Open house went well and there were 2 people that seemed keen and want to talk further. Let's see how it goes.

 

I

INVSTOR

• 23rd Jul, 2014

• #314

Great news!! Wasn't me.

 

westminster

• 25th Jul, 2014

• #315

Got an offer!!!

Deciding what to do.

 

westminster

• 25th Jul, 2014

• #316

And now Under Offer.

I almost can't believe how quick it's ended. Took 2 years to get here and then sold 2 days after first home open.

 

MTR

• 25th Jul, 2014

• #317

So what that tells me is you got it right, design, location, staging, price .....and most importantly timing.
Fantastic, great work, enjoy the Champaign

 

O

oc1

• 25th Jul, 2014

• #318

Nice Must have been a pretty decent offer.

 

Jamie_

• 25th Jul, 2014

• #319

So the furniture worked well then ?

 

S

Skuttles

• 26th Jul, 2014

• #320

Fantastic news! Congratulations...beers are on Myf tmrw!

Agree with MTR, you obviously read your market and then gave them just what they wanted.